Below is a list from the Small Business Association on recommended steps to find a lender for the PPP program:
- Contact your current business bank first to see if they are participating in the PPP program
- If your bank is not participating in the PPP program, ask if they have plans to apply with the SBA and participate
- OR, if they have reached their limit, such as Wells Fargo, ask for a referral to a participating bank
- Also, understand that some banks are assisting their current clients first and then those with current SBA loans before taking on new accounts
- Check the SBA website frequently as new banks and credit unions are applying to become approved lenders every day
- And, if all else fails, below is the list of additional banks participating in the PPP program:Vectra Bank
US Bank
TCF Bank
Sunflower Bank
City Wide Bank
Enterprise
Academy Bank
Central Bank & Trust
For additional assistance with the application process, visit the Community Development Financial Institutions Fund (Community Lenders) and the Small Business Development Center.
We are here to help you navigate through resources specific to business owners in Castle Pines. If there is information you need from us or would like us to include in these updates, we want to hear from you: email us at: communications@staging.castlepinesco.gov
